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InsuranceDekho, RenewBuy Nearing Merger At Unicorn Tag

  • InsuranceDekho and RenewBuy are nearing a merger that would value the combined entity at $1 Bn.
  • The merged entities will operate under a single brand, creating one of the largest insurance marketplaces in India.
  • The merged entity is expected to be valued at over INR 8,000 Cr, with RenewBuy valued at INR 3,000 Cr and InsuranceDekho valued above INR 5,000 Cr.
  • InsuranceDekho is also in talks to raise another funding round.

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